The sun of 2021 has risen for the remnants of the Corona catastrophe and even in 2021 the fading shadows on economics, finance and banking still remain. The year 2020 was not encouraging to Islamic banking and finance industry rather …
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Interview with Mohammad Shoaib (CFA) – CEO, Al Meezan Investment Management Limited PAGE: Tell me something about yourself and your organization: Mohammad Shoaib: I am the founding CEO of Al Meezan Investment Management Limited, the first and the only full-fledged Shariah …
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Islamic finance can find rich social grounds for its growth and expansion in Pakistan and as this sector dominate Shariah-compliant services needed to be diversified. Noncompliance of Islamic law can result in withdrawal of funds from an Islamic bank. Hence, …
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Islam is more than a religion. It is also a code of life that deals with social, economic, and political matters. Every Muslim is expected to live according to the Islamic code, or Shariah. Each issue addressed under Shariah is …
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Meezan Bank has been selected for Overseas Pakistani Saving Scheme under the pandemic stress time Interview with Mr. Irfan Siddiqui — President and CEO, Meezan Bank Limited PAGE: Tell me something about Meezan Bank, please: Irfan Siddiqui: Meezan Bank was established …
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Client Wise Financing Portfolio (% Share) Sector Dec-18 Sep-19 Dec-19 Industry Corporate 74.3 73.6 74.6 71.7 SMEs 3.7 3.3 3.5 5.4 Agriculture 0.3 0.4 0.4 3.9 Consumer Financing 10.1 10.4 9.9 6.4 Commodity Financing 10.5 11.0 10.1 9.0 Staff Financing …
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Islamic banking and finance are emerging as viable alternatives to conventional interest-based banking and financing. Islamic financing is not only expanding its footprint in Muslim countries but also expanding in Western countries. In today’s connected world of business, Islamic finance …
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To boost the system one must need a holistic approach Govt can create a system of rules and clarity for Islamic Finance in Pakistan Interview with Mr Hamad Rasool Bhullar, analyst PAGE: Tell me something about yourself, please: Hamad Rasool …
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Province/Region Wise Break-Up Of Islamic Banking Branch Network (As of September 30, 2019) Type Bank Name Azad Kashmir Balochistan Erstwhile FATA* Federal Capital Gilgit- Baltistan KPK Punjab Sindh GrandTotal Islamic Banks AlBaraka Bank (Pakistan) Limited 3 7 – 6 …
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Islamic banking and finance will be a major contributing industry of Philippines in near future as it is a double-digit growing emerging phenomenon due to its sustainable and viable characteristics from last several years. The total volume of Islamic banking …
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Pakistan is not at par with the Muslim world in growth and development of Islamic finance, yet it has shown an impressive growth and diversification in Islamic finance over the past three decades. Islamic banking is one of the emerging …
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First Habib Modaraba is well positioned in market with sound equity base, highest assets size and strong profitability Interview with Muhammad Shoaib Ibrahim — Managing Director & CEO, First Habib Modaraba PAGE: Tell me something about yourself and your organization, …
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Pakistan & Gulf Economist Pakistan's Business Financial Magazine